Alba is a producing heavy oil field located in shallow water in the UK and is operated by Ithaca MA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 16/26a AREA A – ALBA FIELD AREA, with water depth of 460 feet. Buy the profile here.
An expansion project is associated with the Alba, namely the Alba Infill Drilling Project. This project is currently in the construction stage, expected to start in 2023.
Field participation details
The field is owned by Centrica, Delek Group, EnQuest, HitecVision, Stadtwerke Munchen and Waldorf Production.
Production from Alba
The Alba heavy oil field recovered 92.37% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 181.56 thousand bpd of crude oil and condensate and 48.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.
Remaining recoverable reserves
The field is expected to recover 76.09 Mmboe, comprised of 70.88 Mmbbl of crude oil & condensate and 31.25 bcf of natural gas reserves. Alba heavy oil field reserves accounts 0.09% of total remaining reserves of producing heavy oil fields globally.
Contractors involved in the Alba heavy oil field
Some of the key contractors involved in the Alba project as follows.
EPC Contractors: Petrofac
Other Contractors: Paladon Systems
About Ithaca MA
Ithaca MA Ltd (Ithaca MA) is an oil and gas exploration and production company. Ithaca MA is headquartered in Leeds,Yorkshire, the UK.
For more details on the Alba Heavy Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
